Saturday, 3 March 2018

Advantages and Disadvantages of Online Business

Teaching you how to make money while you sleep.

  Benefits of Online Business/E-Business
  1. Cost savings in store front and staffing
  2. Efficiency in service, product delivery and greater flexibility
  3. Worldwide access to customer 24/7
  4.  Business reaches a wider audience
Drawbacks of Online Business/E-business
  1. Some web or technical knowledge may be necessary
  2. Hardware and software expenses
  3.  Risk of fraud and online scams  
Note that this list is not limited. As you grow your online business you too would discover benefits and drawbacks. 
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2 comments:

  1. Unknown4 March 2018 at 11:29

    Thanks for the very informative yet concise method of educating us about the benefits and the not so much beneficial reasons on creating online businesses. It’s really something to consider when your capital isn’t a large amount.

    ReplyDelete
  2. Unknown4 March 2018 at 12:27

    I agree with you Varna thanks for taking the time to read and do continue to visit as new information will be added soon :)

    ReplyDelete

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